How do you define the futureproof criterion?
For the LuxAid Challenge Fund, the criterion futureproof refers to adaptation to future risks and trends, such as climate change and land degradation, changing consumption patterns and industry 4.0.
Looking at the project’s overall potential impact (positive and negative, short- and long-term), is the project economically, socially and environmentally sustainable and forward-looking with regard to major global risks, threats and trends? For example, depending on the objectives of each action, does the project include in its analysis the risks and impacts as well as the opportunities that megatrends such as climate change and the fourth industrial revolution (among others) could have on its business case?